Trending Content - Investment Banking Forum
| +330 | Return Rates For Interns Are Falling? | 139 | 1h |
| +148 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 17 | 1h |
| +132 | Evercore > Goldman and I don’t think it’s particularly close anymore | 53 | 1h |
| +123 | I am a drunk MD AMA | 40 | 1d |
| +86 | UBS Offer Day | 30 | 17h |
| +66 | I hate Wells Fargo | 19 | 3h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 6d |
| +51 | Santander IB? | 10 | 2d |
| +49 | No return offer - feeling like a failure is an understatement | 19 | 12h |
| +43 | WF Return offers | 28 | 1d |
Career Resources
Bump
UBS Power Group and Culture as of 2010 (Originally Posted: 01/17/2010)
I have an interview coming up with UBS IBD (NY) and am interested in the energy industry. However, I am not interested in working in Texas. Questions:
1) I've heard there is a power group at UBS NY, does anyone know anything about their recent deals or more information about what they do? 2) Where can I get a quick summary of what happened to UBS in the past few years? I know they've been hit, but if asked how they are trying to turn around etc, what can I say/where to find this information? 3) What is the culture like at UBS as of now? I assume it changed somewhat since a few years ago. 4) I am an engineering major, got this interview through referral/connections - I honestly never have taken a finance course so I don't know anything about valuation. I plan on using the WSO tech guide - will this be sufficient or will they really go into detail?
UBS was probably one of the worst hit banks by the whole toxic-assets debacle, and I believe has still yet to post a profit since. By contrast, it's Asia business is absolutely killing everyone else in ECM and continues to be a strong franchise.
Don't worry about the finance stuff. Honestly, unless you majored in finance, all the stuff that some kids "know" are superficial anyway. Just pick up Vault Guide for Finance interviews and read those 40-50 pages and you'll be fine. Know the basic (what an Ibank does, 3 statements, DCF basics), essentially to show that you have enough of an interest to know what you're talking about. Otherwise, you're an engineering major, and people should realize that you probably have the intellectual horsepower to handle the work. You just have to prove that you're really interested.
Have you made any major decisions/researched anything yourself/used common sense in the last 4 weeks without making a WSO thread about it?
All within the last 4 weeks: //www.wallstreetoasis.com/forums/females-what-to-wear-to-an-interview-help //www.wallstreetoasis.com/forums/credit-suisse-cs-st-equities-anyone-apply //www.wallstreetoasis.com/forums/told-to-keep-my-options-open //www.wallstreetoasis.com/forums/call-from-group-head-out-of-the-blue-bef… //www.wallstreetoasis.com/forums/signing-background-check-forms-before-of… //www.wallstreetoasis.com/forums/asking-reminding-hr-on-reimbursement //www.wallstreetoasis.com/forums/credit-suisse-cs-st-sa-interviews //www.wallstreetoasis.com/forums/asking-a-trader-out-for-dinner-drinks-fo… //www.wallstreetoasis.com/forums/2-networking-related-questions-weird-sit… //www.wallstreetoasis.com/forums/deutsche-bank-global-markets-group-1st-r… //www.wallstreetoasis.com/forums/when-do-traders-get-back-from-vacationne…
Geez ... 1. You got your interview through referrals/connections. Why not ask them about that? 2. Search the wsj/FT website for UBS and see what comes up. 3. See #1 4. See one of the other 200 threads you've made on preparing for interviews
Can we just start limiting threads by women accounts to 1 per month and up to 5 posts per year? They can pay 1 dollar per new thread and post if they want to go over the limit. Will help bring in revenue.
I also interviewed with UBS and got to meet several members of the Power group (NYC office). The culture in the group is FAR different and much better than other groups. For example, Healthcare culture is tough because of the high turnover. They said hours in the group were far less than others, deal flow seemed comparable, and guys were laid back. Your engineering background will be very helpful since it is tough to understand the technical aspect of the power industry.
Any idea how the culture is in their M&A groups?
Cum possimus illo ut dolores ducimus voluptas. Dolor quia totam ut reprehenderit. Quia et sunt et laboriosam doloremque tempora saepe. Excepturi non quo excepturi. Et magni ea sit error est dolores.
Quia accusantium commodi atque omnis illum. Incidunt officia ullam quasi necessitatibus earum. Vel aspernatur quos praesentium dolore facere maxime. Consequatur dolore dolorem laboriosam quidem. Facilis sequi eius et et. Maiores libero qui qui omnis inventore est.
Unde aut totam eos quia consequatur dolorem aut minima. Tempore aut qui aut eius velit consequatur aut. Quas quo incidunt ab dolore maiores rerum ipsum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...